One Bishopsgate Plaza is a 43-storey tower which will hold a luxury hotel and 160 private homes. It will be home to the first Pan Pacific Hotel in Europe, a five-star facility that will include 237 guest rooms and the Square Mile's first dedicated ballroom.
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Several Victorian buildings on Devonshire Row will also be renovated as part of the development and a new public space will be created.
Lendlease is delivering the project on behalf of developer Stanhope/UOL.
Neil Martin, Managing Director, Construction, for Lendlease Europe, said: "This is a significant milestone in the construction of the first high-rise residential and hospitality development built in the City of London in many years. The building rises in steps to provide terraces and other spaces for residents and guests. When complete it will be a striking addition to the skyline."
(CM/MH)
